The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.

Boeing is beefing up its defense, space and security operating unit with plans to acquire Argon ST in a $775 million, all-cash deal, at the aircraft maker announced Wednesday. Under the deal, Boeing will pay $34.50 per share, a 41% premium over Argon's closing price Tuesday.